Vancouver, British Columbia--(Newsfile Corp. - August 1, 2025) - Reagan Glazier, President & CEO, Pacific Bay Minerals Ltd. (TSXV: PBM) ("Pacific Bay" or, the "Company") reports that the proposed extension of warrants announced July 8^th, 2025 will not be proceeding. The Company previously announced its intention to extend the expiry of 7,365,873 warrants that were issued July 20, 2022 (the "2022 Warrants") pursuant to a non-brokered private placement financing, which extension was subject to TSX Venture Exchange approval. The 2022 Warrants had an exercise price of $0.10 and expired on July 20, 2025. The TSXV declined to approve the extension as the market price exceeded the strike price of the Warrants at the relevant times.

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